EZ pawn. high volume store new 10 year lease Extension 222 S Frazier St., Conroe, TX [ ]

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1 EZ pawn high volume store new 10 year lease Extension 222 S Frazier St., Conroe, TX [ ]

2 PROperty Summary PRICE: $680,000 CAP: 7.50% Rentable SF...4,000 SF Price per SF...$170 land area Acres YEAR renovated Current Rent....$12.75/SF Listing Team Contact Info John Andreini (415) CA BRE# RICK SANNER (415) CA BRE# Bob SANNER (415) CA BRE# In Conjunction with TX Licensed Broker: Steve Sieling, Azur Commercial Capital, LLC (214) Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. [ Surrounding area retail] EZ PAwn 2

3 core characteristics Property highlights Tenant has 14-year operating history and just extended the lease early for another 10 years There will be a new roof, paint, and repaired/re-striped parking lot prior to a new buyer closing Growing population in 1, 3, & 5-mile radices. Very dense population 13,370 in a 1-mile radius Very low rent EZ Pawn In fiscal 2014, the company reported total revenues of over $1 billion As of 9/8/2015, EZ Corp owned and operated 1,400+ stores EBITDA of over $92 million Lease 10-year corporate lease; 10% rental increases every 5 years including option periods Tenant responsible for repair, maintenance, and replacements of interior non-structural components including HVAC Landlord responsible for roof, structure, and parking lot low rent/ high volume, proven store [ Surrounding area retail] EZ PAwn 3

4 aerial Street 105 E Davis CONROE MARKETPLACE 336 Hauke Alternative Washington Jr. High School Houston Elementary Travis Intermediate ,600 DAILY Armstrong Elementary S Fra zier 45 Stre et ,400 DAILY MONTGOMERY PLAZA Reaves Elementary Conroe High School re Da vis St Peet Jr. High School W t ke ar M W to ad rm Ro Fa 3 N 308 et TOWNE CENTER 336 WEDGEWOOD GOLF COURSE HOUSTON EZ PAwn 4

5 income & expense PRICE $680,000 Price Per Square Foot: $ Capitalization Rate: 7.50% Total Rentable Area (SF): 4,000 Lot Size (AC): 0.16 STABILIZED INCOME Per Square Foot Rent $12.75 $51,000 Effective Gross Income $12.75 $51,000 LESS Per Square Foot Taxes NNN $0.00 Insurance NNN $0.00 Total Operating Expenses NNN $0.00 EQUALS NET OPERATING INCOME $51,000 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. [ Surrounding area retail] EZ PAwn 5

6 rent roll TENANT INFO LEASE TERMS RENT SUMMARY Tenant Name Sq. Ft. Term Current Rent Monthly Rent Yearly Rent Monthly Rent/FT Yearly Rent/FT EZ Pawn 4, $51,000 $4, $51,000 $1.06 $ $4, $56,100 $1.17 $14.03 Option $5, $61,710 $1.29 $15.43 Option $5, $67,881 $1.41 $16.97 Totals: 4,000 $51,000 $4,250 $51,000 $1.06 $12.75 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. [ Surrounding area retail] EZ PAwn 6

7 site plan 13,600 DAILY Site Plan Key Parcel outline: Land Area: 0.36 Acres Building Area: 4,000 sf Ingress/Egress: S Frazier Street 75 York Avenue EZ PAwn 7

8 tenant overview [representative photo] [representative photo] About EZCorp EZCORP, Inc. (NASDAQ: EZPW), is a market leader in the specialty consumer finance industry dedicated to satisfying the short-term cash needs of consumers who find themselves both cash and credit constrained. EZCORP provides collateralized non-recourse loans, commonly known as pawn loans, and a variety of short-term consumer loans (including payday loans, installment loans and auto title loans, or fee-based credit services) to customers seeking loans. At its pawn stores, the company also sells merchandise, primarily collateral forfeited from its pawn lending operations REVENUE $1 BILLION + NUMBER OF LOCATIONS EZCORP offers pawn loans in over 471 pawn stores in 19 states and Mexico. EZCORP also offers signature loans in select states, either in their pawn stores or through their 380 EZMONEY Loan Services, EZMONEY Payday Loans or EZ Loan Services stores. Founded in 1989, EZCORP operates more than 1,300 stores, including over 500 pawn stores in the U.S. and Mexico and over 500 short-term consumer loan stores in the U.S. and Canada under the EZCORP, Empeno Fácil (MX), Value Pawn, EZMONEY Loan Services, EZMONEY Payday Loans and EZ Loan Services, and CashMax / Cash Converters (US and Canada) brand names. The company also has significant investments in Albemarle & Bond Holdings PLC (ABM.L), one of the U.K. s largest pawn broking businesses with over 130 stores, and Cash Converters International Limited (CCV.L and CCV.AUS), which franchises and operates a worldwide network of almost 600 stores that provide financial services and sell pre-owned merchandise. Representative Photo EZ PAwn 8

9 Surrounding area Retail Subject property is adjacent to phillips 66, napa auto parts, walgreens, sonic & Metro PCS EZ PAwn 9

10 location & demographics conroe, tx Overview Conroe is the seat of Montgomery County and falls within the Houston-The Woodlands- Sugar metropolitan area, which had an estimated 2014 population of 6.49 million. Conroe is located only 43 miles north of Houston, the most populous city in Texas and the American South and the fourth most populous city in the country. Houston is recognized worldwide for its energy industry - particularly for its oil and natural gas - as well as for biomedical research and aeronautics. The Houston area is also the top U.S. market for exports, surpassing New York City. Top Employers in Conroe Population 1-Mile 3-Mile 5-Mile ,495 42,246 64, ,370 46,842 73, ,736 52,598 84, Household incomes 1-Mile 3-Mile 5-Mile Average $43,560 $58,910 $70,558 Employer # of Employees Conroe Independent School District 6,001 Montgomery County 1,952 Conroe Regional Medical Center 1,206 City of Conroe 631 conroe 42 min 43 miles houston EZ PAwn 10

11 A unique HUMAN RESULTS-DRIVEN client experience The capital pacific experience - our daily commitment to our clients [ ] John Andreini jandreini@capitalpacific.com (415) CA BRE# Bob Sanner bsanner@capitalpacific.com (415) CA BRE# Rick Sanner rsanner@capitalpacific.com (415) CA BRE# In Conjunction with TX Licensed Broker: Steve Sieling, Azur Commercial Capital, LLC (214) steve@azurcc.com Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. chris kostanecki chris peters dave lucas zandy smith jack navarra zeb ripple joe caccamo gregg steele karla zens [ Copyright 2015 Capital Pacific LLC ]